Nj property Study guides, Class notes & Summaries
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NJ PSI Property and Casualty Exam
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NJ PSI Property and Casualty Exam 
The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under the? 
 
A.	HO-1 (Basic Form) 
 
B.	HO-2 (Broad Form) 
 
C.	HO-3 (Special Form) 
D.	HO-2 or HO-3 (Broad and Special)
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NJ Property, Casualty, and Auto Licensing Exam Latest Version Graded A+
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NJ Property, Casualty, and Auto 
Licensing Exam Latest Version 
 
Graded A+ 
 
Insuring Agreement company's obligation to pay, includes the perils and coverage for 
specific or named peril policies 
 
Exclusions what the policy will not pay for 
 
Definitions names of the persons insured in addition to the named insured are listed here, 
along with any other (blank) of terms in the policy 
 
Additional Coverage coverages under a policy that are provided by the insurer at no extra 
cost 
 
Casua...
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NJ PSI PROPERTY AND CASUALTY EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A
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NJ PSI PROPERTY AND CASUALTY EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A
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NJ Property/ Casualty Insurance Exam 2024 Set With Correct Answers
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NJ Property/ Casualty Insurance Exam 
 
 
Why was the commercial Insurance Deregulation Act Created? - Answer To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - Answer Commercial policies 
 
When must rate amendments & policy forms be filed with the commissioner? - Answer 30 days before 
 
What losses are excluded from floo...
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NJ Property, Casualty, and Auto Licensing Exam 2024 Solved 100% Correct!!
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NJ Property, Casualty, and Auto Licensing Exam 2024 Solved 100% Correct!!
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NJ Property/ Casualty Insurance Exam Set Questions and Answers Already Passed
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NJ Property/ Casualty Insurance Exam 
Set Questions and Answers Already 
 
Passed 
 
Why was the commercial Insurance Deregulation Act Created? To protect the public from 
the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation 
Act? Commercial policies 
 
When must rate amendments & policy forms be filed with the commissioner? 30 days before 
 
What losses are e...
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023.
- Exam (elaborations) • 31 pages • 2024
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023. 
 
 
Why was the commercial Insurance Deregulation Act Created? 
To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? 
Commercial policies 
When must rate amendments & policy forms be filed with the commissioner? 
30 days before 
What losses are excluded from...
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023.
- Exam (elaborations) • 31 pages • 2024
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023. 
 
 
Why was the commercial Insurance Deregulation Act Created? 
To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? 
Commercial policies 
When must rate amendments & policy forms be filed with the commissioner? 
30 days before 
What losses are excluded from...
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NJ Property Insurance Exam With 100% Correct Answers 2024.
- Exam (elaborations) • 12 pages • 2024
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NJ Property Insurance Exam With 100% Correct Answers 2024. 
 
Abandonment 
the abdication of insured property into the hands of another, or into the possession of no one in particular 
accident 
an unfortunate incident that happens unexpectedly and unintentionally, typically resulting in damage or injury. 
ACV. actual cash value 
the required amount to pay damages for property loss, which is calculated based on the property's current replacement value minus depreciation 
additional coverage 
A ...
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NJ DMV Knowledge Test - Top 150 Questions And Answers With Verified Solutions
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NJ DMV Knowledge Test - Top 150 Questions And Answers With Verified Solutions 
To register a vehicle in New Jersey, you must be age _____ or older. Correct Answer: 17 
 
You may avoid a traffic signal by driving on public or private property: Correct Answer: If an officer directs you to do so. 
 
The Implied Consent Law Correct Answer: Drivers consent to a breath test when suspected of drinking and driving. 
 
A five-ounce glass of wine contains the same amount of alcohol as: Correct Answer: One...